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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.10+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $121,393 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $174,313 | $2,703,213-93.6% | $165,100+5.6% | $200,096-12.9% |
| Participation rate | 65.1% | 78.4%-13.3pp | 78.6%-13.5pp | 72.0%-6.9pp |
| Annual return | 13.26% | 17.97%-4.7pp | 70.21%-56.9pp | 34.26%-21.0pp |
| Employer contribution / active EE | $3,731 | $2,973+25.5% | $4,348-14.2% | $3,038+22.8% |
| Participant deferral / active EE | $5,775 | $5,021+15.0% | $6,035-4.3% | $5,090+13.5% |
| Admin fee / account holder | $97 | $1,999-95.1% | $12,696-99.2% | $269-63.9% |